
San Jose, California 95122
This property presents a High-Potential Investment Opportunity with a List Price of $799,000—positioned well below the $790,014 Fair Market Value (Note: Market adjustment reflects current competitive pricing). While the home carries a Condition Rating of 5, it offers significant upside for those capable of executing a full renovation. Featuring scenic Hillside Views and a 5,000 sqft lot, this asset is primed for value-add strategies. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1307 Cathay Dr Subject | $799,000* List Price | 3 | 2 | 960 | $823 | - |
A 1483 Florida Avenue Pending | $750,000 List Price | 3 | 2 | 1,040 | $721 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961 (>60 years old), the property is explicitly marketed as a 'project' and 'opportunity to build equity' for investors. While the exterior and roof appear maintained, the interior finishes are dated and the listing description indicates a need for a full renovation/rehab to realize its potential.
Priced as a fixer-upper in the competitive San Jose market, this property offers a significant opportunity for investors or DIY buyers to build immediate sweat equity through strategic renovations.
Situated in a convenient East San Jose neighborhood with strong surrounding home values, the property is well-positioned for long-term appreciation and market stability.
The property features views of the local hills, providing a unique aesthetic advantage and a sense of openness that is often rare in dense suburban residential tracts.
The home is marketed as a project requiring significant vision and creativity, implying that substantial capital investment is needed to address its current condition.
At just 960 square feet for a three-bedroom layout, the interior footprint is relatively small, which may limit appeal for families seeking spacious common areas or larger bedrooms.
A great opportunity to create something truly special in San Jose! This 3-bedroom, 1.5-bath home offers the chance to put your personal touch on a property and build equity along the way. Whether you're a first-time buyer looking for a project, an investor seeking upside, or someone ready to transform a home into their own vision, this property offers plenty of potential. Located in a convenient East San Jose neighborhood with strong surrounding home values, this is a chance to get into the market and make the home your own. Bring your ideas, your vision, and a little creativity the possibilities are exciting!
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.6 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 960 | 1,706.046 |
| Lot Size | 5,000 | 6,261.966 |
| Price | $799.0K | $1.68M |
| Price per sq ft | $832 | $979 |
| Built year | 1961 | 1965 |
| HOA | $0 | $200 |
| Days on market | 15 | 37 |
Aug 25, 2026
$799,000
Initial Listing
Apr 9, 2019
$655,000
Public Record